Canadian Home Building Boom is Coming Back to Earth!

Canadian Home Building: Back to Earth

On the heels of one of the best quarterly performances in the past 20 years in Q1, Canadian housing starts came down to earth in April with a tally of 213,900 units (at an annualized rate). Above-expected results in February and March had flown in the face of signs of moderation in the housing sector in recent months, including a softening trend in building permits. Therefore, it wasn't a complete surprise that, this time, starts undershot consensus expectations.

In April, the weaker tone was evident virtually across the board, both on a major segment and regional basis (with a few provincial exceptions). The multi-unit segment, which had been particularly strong in the previous two months (second and third highest tallies since 1978), gave back the most. However, activity in this segment remained relatively healthy, holding above its 12-month average.

The single-unit segment fell to its lowest level in seven years, accelerating its downward trend since 2004. Singles have been historically a better indicator of the sector's overall direction, so this should raise a red flag.

Regionally, starts slipped in all provinces except B.C., Manitoba and P.E.I. In the case of B.C., the increase was only a partial retracement of an outsized drop in March. Starts in that province remained below their 12-month average in April.

The biggest declines in percentage terms occurred in Nova Scotia, Newfoundland & Labrador and Alberta, although all of them represented payback for spikes the previous month. Despite falling for the second straight month, the pace in Ontario remained solid.

The Bottom Line: With growing signs that deteriorating affordability and mounting economic uncertainty are cooling residential real estate markets in many parts of Canada, it's only natural that new home building also moderates. While a U.S.-style meltdown is unlikely on this side of the border, the faster decline in singles starts in the past several months is cause for close monitoring.

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Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.

Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
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Steady GTA Resale Housing Market in May

Steady GTA Resale Housing Market in May

TORONTO, June 4, 2008 -- The Greater Toronto Area resale housing market recorded 9,411 transactions in May, Toronto Real Estate Board President Maureen O’Neill announced today.

On a year-over-year basis the GTA average price increased four per cent to $398,148 in May from the May 2007 average of $382,787. Prices increased three per cent in the City of Toronto to $434,271 from $422,163 during the same period a year ago, while in the 905 Region there was a five per cent increase to $374,629 from $355,341 last May.

“Price gains show that real estate continues to be a solid investment for the consumer,” said Ms. O’Neill. “We are confident about the market because employment in the GTA continues to be strong and interest rates remain low. As long as consumers have the financial resources to buy homes and a variety of choices to manage carrying costs, the market should remain stable.”

“May’s sales figures represent a 16 per cent decline in the GTA from the record month a year ago when 11,146 sales were recorded,” said Ms. O’Neill. “More than 9,000 properties changing hands still represents considerable market activity.”

In the City of Toronto, there were 3,711 sales, down 19 per cent from last May’s 4,578 sales and down 6 per cent from May 2006. In the 905 Region, 5,700 transactions were recorded, which represents a 13 per cent decline from the 6,568 sales during the same period a year ago but up 4 per cent from May 2006.

“The Toronto Land Transfer Tax has been in effect for four months and the decline in sales has been running for the same time period,” said Ms. O’Neill. “We’re keeping a close watch on the effect of this new tax.”

Two specific areas North of Toronto experienced increased sales activity in May. In Uxbridge (N16) sales were up 10 per cent, while Stouffville (N12) saw a 12 per cent increase in sales, driven mainly by detached home transactions.

Read More: http://www.mississauga4sale.com/TREBprice.htm

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Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.

Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
›mark@mississauga4sale.com
8 Website : Mississauga4Sale.com

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GTA Single Family Residential Historic Price Graph

You may see the current prices in graphical format for the GTA, click the image below to see the full size version

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Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.

Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
›mark@mississauga4sale.com
8 Website : Mississauga4Sale.com

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June Report - Sales in May were moderate again and prices stable - sign of things to come?

June Report - Sales last month were moderate again and prices stable - sign of things to come?

TORONTO - Wednesday, June 4, 2008 -- TREB Members saw 9,411 sales of single family dwellings in May, TREB President Maureen O’Neill announced today. “While off last year’s pace, a 9,000 plus sales month is certainly indicative of a healthy market,” said the President.

Prices trended upward on a year-over-year basis, with the overall average going to $398,148, up four per cent over the May 2007 figure of $382,787.

The City of Toronto experienced a three per cent increase, to $434,271 over last May’s $422,163. The 905 suburbs averaged $374,629, up five per cent over the same time last year, when the corresponding figure was $355,341.

“Furthermore, inventory has increased 15 per cent to 27,267 listings over May of 2007. This is good news for potential homebuyers as it should keep year-over-year price increases to the low single digits.”

Sales GTA-wide declined 16 per cent from May of 2007, which saw 11,146 sales, a record month. However, this overall decline masked significant regional variations.

Within the City of Toronto, sales fell 19 per cent to 3,711 from last May’s figure of 4,578. Within the 905 suburbs, on the other hand, the decline was a less pronounced 13 per cent, to 5,700 sales from last May’s figure of 6,568.

Breaking down the total, 3,626 sales were reported in TREB’s 28 West districts and averaged $377,098; 1,606 sales were reported in the 14 Central districts and averaged $528,938; 1,938 sales were reported in the 23 North districts and averaged $430,240; and 2,241 sales were reported in TREB’s 21 East districts and averaged $310,724.

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Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.

Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
›mark@mississauga4sale.com
8 Website : Mississauga4Sale.com

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CMHC comments on Ontario holds on despite manufacturing woes — Despite

Ontario holds on despite manufacturing woes

—

Despite concern of a recession, Ontario managed to pump out growth of 2.1% last year. The manufacturing sector remained in contraction mode as output declined for a third consecutive year. The role of manufacturing in the economy continued to fall as well. In 2002, manufacturing accounted for 22% of Ontario's GDP compared to 18% in 2007.

Widespread strength in other sectors — including a vibrant consumer and a healthy construction sector — helped offset the decline. Job markets are being watched closely for signs that cracks are emerging. Despite weakness concentrated in the manufacturing and finance-related sectors, most other sectors are still adding jobs. However, a lion's share of the offset is coming from public sector job gains.

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Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.

Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
›mark@mississauga4sale.com
8 Website : Mississauga4Sale.com

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CMHC reports that Growth in house prices will slow as housing market becomes more balanced

Growth in house prices will slow as housing market becomes more balanced

For 2008, the demand will moderate.
Existing home sales, as measured by
the Multiple Listing service (MLS®),
are expected to decrease by 8.5 per
cent to 475,900 units. In 2009, the
trend will be similar with another
decrease to 465,000 units (-2.3 per
cent). MLS® sales will step back given
a moderating demand due to rising
mortgage carrying costs.
Despite a slowdown of MLS® sales
and a general ease on the market,
demand remains strong by historical
standards. For 2008 and 2009,
growth in the MLS® average price will
remain above inflation. Prices will
reach $323,000 (+5.1 per cent) in
2008 and $333,500 (+3.3 per cent)
in 2009.

It will be interesting to see if this comes true!
Mark

CMHC reports Housing starts will begin to trend lower in 2008

Housing starts will begin to trend lower in 2008


Despite positive economic fundamentals,
housing activity will continue
to trend down over the next
year and a half. Most of the pent-up
demand that built up during the
1990s has now been fulfilled and
residential construction activity will
gradually move in line with Canadian
demographic fundamentals. Higher
home prices and the resulting
increase in mortgage carrying costs
will temper homeownership demand,
particularly in western provinces.
Competition from the existing
home market will increase as housing
markets move toward balanced
conditions, giving homebuyers more
choice. This, in turn, will dampen
spillover demand from the existing
market into the new home market.
These trends will dampen new
home construction. The number of
starts is expected to decrease to
214,650 units in 2008 and 199,900
units in 2009.

Interesting news from CMHC!
Mark

CMHC reports on economic outlook

At a glance:
Mortgage Rates
Employment
Income
Net Migration
Natural Population
Increase
Consumer Confidence
Resale Market
Vacancy Rates


Mortgage rates have moved slightly higher over the past year. This rise, in conjunction
with higher house prices, has and will continue to push mortgage carrying costs higher.

As a result, this will ease housing demand, particularly for first-time buyers.

A record share of Canadians continue to be employed, moving the economy close to
full-employment. Accordingly, job growth should slow to rates that are more in line
with overall population growth. Job creation will continue to stimulate housing
demand, but not as much as in the previous years.

Rising incomes will continue because of tight labour markets and a strong demand for
workers. This should partially offset the negative impact of higher mortgage carrying
costs on home ownership demand.

Net migration is expected to remain strong in 2008. Ontario, Quebec, and British
Columbia will continue to attract the bulk of the international immigrants. B.C.,
Alberta and Saskatchewan will attract a large number of inter-provincial migrants from
the rest of Canada.

Canada's population is aging, and as a result, a smaller proportion of people are in
their child bearing years and thus the birth rate is decreasing. High immigration levels
will slow the average aging of the population, however, the rate of increase in the
natural population (births - deaths) is slowing. This will eventually lessen the demand
for additional housing stock in the longer term.

Consumer confidence, as measured by the Conference Board of Canada, remains
positive. Furthermore, strong consumer sentiment is expected to prevail throughout
the forecast period. Confident consumers will continue to support demand for home
ownership.

Lower existing home sales, combined with a high level of new listings in 2008, will
move the resale market towards more balanced territory. As a result, the rate of
growth in the average MLS® price will moderate during 2008, especially in Canada's
western provinces.

Modest rental construction and increased competition from the condo market will be
offset by strong rental demand due to high immigration and a rising gap between the
cost of homeownership and renting. As a result, vacancy rates across Canada's
metropolitan centres should remain relatively stable, but slightly higher in 2008.

Read more about:

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• Power of Sale Properties
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• or Search the MLS and more at my website

Thank you for reading my blog and if there is anything else I can help you with please don't hesitate to contact me,

Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.

Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
›mark@mississauga4sale.com
8 Website : Mississauga4Sale.com

• Thinking of selling in the next 3 to 6 months? Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
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CREA report on Canadian existing home sales

Canadian existing home sales for April were released late this afternoon by the Canadian Real Estate Association, and were up a tad from March (+0.8% in seasonally adjusted terms).

That still left sales down 6.1% y/y versus a weather-pounded 18.7% y/y plunge in March. (In seasonally adjusted terms, sales were down 12% y/y in both months.) Average prices rose just 3.2% y/y, versus a Q1 pace of 5.5% and an 11% increase for all of 2007. That’s the slowest increase for prices since October 2001. Prices actually fell from a year ago in both Calgary and Edmonton, as well as in Windsor and St. Catharines. (Talk about the two extremes of the growth rainbow.)

Even Vancouver saw price increases dip into single-digit terrain, joining Toronto and Ottawa. However, Regina (at +64.6% y/y), Saskatoon (+31.2%) and Winnipeg (+19.9%) are still ripping along with double-digit price gains, joined by a few other smaller cities in central and eastern Canada.

So far this year, national home sales are down 11% y/y, and prices are up a moderate 4.8%.

The sales drop and the modest price gain are well down from years of double-digit increases, and further confirmation that the boom days are over. Notably, no city in the country has reported a price decline from year-ago levels over the first four months of the year, so the slowdown is still far from mimicking the U.S. experience.

However, we would point out that new listings have climbed more than 8% this year, even as sales have slid, pointing to “a more balanced market” according to CREA (i.e. much more of a buyer’s market), and even less upward pressure on prices looking ahead. In CREA’s words --- “presentation factors such as prudent pricing are necessary for a faster sale”. That’s a polite way of saying: If you’re looking for double-digit price gains, dream on

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Thank you for reading my blog and if there is anything else I can help you with please don't hesitate to contact me,

Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.

Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
›mark@mississauga4sale.com
8 Website : Mississauga4Sale.com

• Thinking of selling in the next 3 to 6 months? Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
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Was the Governor of the Bank of Canada asleep at the wheel?

There was an article in the Toronto Star yesterday that quoted the Governor of the Bank of Canada as saying:

"OTTAWA Confronting an economic crunch created by the sub-prime-mortgage meltdown in the United States, Bank of Canada Governor Mark Carney says he's worried about the increasing popularity of the 40-year mortgage in Canada."

You may Read the full article here

What did he expect? Did he think that people would not extend themselves to the maximum and take the 40 year mortgage when offered to them? Give me a break! I wrote about how bad the 40 year mortgage is for our real estate market and a sign of bad things to come back March of this year, at this post: http://www.mississauga4sale.com/blog/2008/03/negative-consequences-of-40-year.html

40 year mortgages were announced in April of 2007 http://www.mississauga4sale.com/blog/2007/04/wow-didnt-anyone-notice-this.html

The point is that we better be careful that our economy doesn't go the way of the us with their sub-prime meltdown. We many not go as deep or become as bad as the US, but these 40 year and longer term mortgages only prey on the people that probably should not be purchasing real estate or at least save a little more before they buy.

Again, home ownership is a right, but you have to use some common sense before you buy your real estate.

Anyone agree or disagree with me?

Thanks,

Mark

PS: To get you really going, read this article about the 50 year mortgage in Canada!: http://www.mississauga4sale.com/blog/2008/03/have-you-heard-of-new-50-year-mortgage.html

Here is the full article, for those that can't browse the web at work!

OTTAWA–Confronting an economic crunch created by the subprime-mortgage meltdown in the United States, Bank of Canada Governor Mark Carney says he's worried about the increasing popularity of the 40-year mortgage in Canada.

"We have concerns with the increased prevalence of very high loan to value mortgage products," he told members of Parliament on the House of Commons finance committee yesterday.

"They add to momentum in the housing market and, if everyone has a 40-year amortization mortgage, then you just have higher housing prices."

More than half of first-time buyers are said to be choosing to stretch their mortgage payments over 30 to 40 years, rather than the usual 25, for a better house than the buyers could otherwise afford.

Carney stressed, nevertheless, that Canada is not facing the same risks set in motion by subprime mortgages south of the border.

"The structure of our housing finance is entirely different than that of the United States," he said, adding that the creation and bust of a housing-price balloon based on risky mortgages is not possible to the same extent in Canada. Although housing prices have risen aggressively in Canada, Carney said, the country still has the lowest housing affordability among 20 industrialized nations checked by the International Monetary Fund, alongside Austria. Carney also said the Bank of Canada is being forced to cut its trend-setting rates more than it might otherwise because commercial banks are reluctant to pass on the savings to borrowers.

Despite sharp decreases in the central bank's trend-setting overnight rate, the interest rates charged by banks on some loans, particularly five-year fixed-rate mortgages, have not declined accordingly.

Carney said the turmoil in credit markets means commercial lenders are paying more to borrow money themselves and feel they need to recover some of those costs from customers.

"In calibrating monetary policy, we are taking that into account," Carney told MPs.

The issue, which the governor flagged as very important, tends to weaken the ability of the central bank to use interest rates to boost economic growth.

Reacting last week to the struggling Canadian economy, Carney lowered the overnight rate to 3 per cent from 3.5 per cent. It was the second time in two months he has chopped the rate half a percentage point. And Carney has said more stimulus from the central bank may be needed as Canada is dragged down by the sputtering United States economy.

Asked about the loss of jobs in automaking and other manufacturing industries, Carney said a "very difficult" adjustment is going on in Canada.

He said 360,000, or 16 per cent, of Canada's manufacturing jobs have disappeared in the past five years. Over the same period, however, the economy has created 1.8 million jobs in the service sector and non-manufacturing goods-producing industries.

"The nature of manufacturing is changing," Carney observed, noting that people can hope the outcome will be more valuable jobs if they must be fewer.

Detached home in city of Toronto for $169,900

I would not have believed it unless I had seen the listing myself.

There is a detached home in Toronto for $169,900 It's a power of sale and needs work, but hey, $169,900 in Toronto, what did you expect. See the listing below and let me know if you would like to see inside this home.

Thanks

Mark

Prepared by A. MARK ARGENTINO, Broker
RE/MAX REALTY SPECIALISTS INC., BROKERAGE
2691 Credit Valley Road, Mississauga, ON L5M7A1
905-828-3434
4/28/2008 1:15:47 PM

13A Denarda St $169,900
Toronto, Ontario M6M4T2 W04 108-11-K
SPIS: N Taxes: $0/2008

Detached Fronting On: S Rooms: 6
2-Storey Acreage: Bedrooms: 3
Dir/Cross St: Eglinton/Weston Washrooms: 1
Lot: 21X110 Feet 1x3
Lot Irreg:

MLS#: W1354625 DOM: 7 Possession: Immed/Tba
PIN#: Contract Date: 4/21/2008

Kitchens: 1
Fam Rm: N
Basement: Full

Fireplace/Stv: N
Heat: Gas
Forced Air
CAC: N Central Vac:
Apx Age:
Apx Sqft:
Assessment:

Elevator: Laundry Lev:
Exterior: Stucco/Plaster

Drive: Other
GarType/Spaces: None/0
Parking Spaces: 1
UFFI:
Pool: None
Zoning:
Cable TV: Hydro:
Gas: Phone:
Water: Municipal
Water Supply:
Sewers: Sewers
Spec Desig: Unknown
Farm/Agr:
Waterfront:
Retirement:



# Room Level Dimensions (m)
1 Living Main 3.75 x 2.93
2 Dining Main 2.99 x 2.98 2 Pc Ensuite
3 Kitchen Main 3.22 x 2.79 W/O To Yard Family Size Kitchen
4 Master 2nd 3.57 x 3.29 Hardwood Floor
5 2nd Br 2nd 2.97 x 2.13 Hardwood Floor
6 3rd Br 2nd 2.13 x 3.05 Hardwood Floor

Power Of Sale;Ready For Drywall And Flooring;Detached 2 Storey 3 Bedrooms;Eat-In Kitchen;Walk Out To Yard;Side Door To Basement;Walk To Public Transit;Schools And Shopping.
Power Of Sale;Being Sold 'As Is,Where Is'.Newer Alumunium Windows;Newer Furnance;Upgraded Electrical.

Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2008

See my listings

Read more about:

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Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.

Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
›mark@mississauga4sale.com
8 Website : Mississauga4Sale.com

• Thinking of selling in the next 3 to 6 months? Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
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RE/MAX report Rising housing values and lack of inventory challenge first-time buyers

Rising housing values and lack of inventory challenge first-time buyers, says RE/MAX

"Homeownership continues to be primary objective"

Mississauga, ON (April 22, 2008) -- While higher housing values and tight inventory levels have hampered home-buying activity so far this year, longer amortization periods and alternative housing types have offset the impact on most major markets across the country, according to a
report released today by RE/MAX.

Despite a higher degree of frustration in the marketplace than in previous years, the RE/MAX Affordability Report found that first-time buyers, in particular, remain steadfast in their determination to purchase a home. In fact, entry-level purchasers are adjusting their expectations by sacrificing size, location, and even long-term financial freedom, to overcome challenges such as rising prices and serious supply issues. Innovative financing has become key to homeownership in today's environment – with longer amortization periods gaining favour in 62 per cent of the major centres surveyed. Low or no down payments were popular with first-time buyers in 38 per cent of markets.


"Doom and gloom reports coming from south of the border have yet to hinder overall momentum," says Michael Polzler, Executive Vice President and Regional Director, RE/MAX Ontario-Atlantic Canada. "First-time buyers are still leading the charge, taking advantage of every resource available to achieve homeownership. They're determined to get into the market sooner rather than later. If suburban locations, smaller condominiums and town homes, or a little sweat equity is what it takes to get into the market, these purchasers are game."

Inventory levels, however, remain one of the foremost concerns facing purchasers across the country. A shortage of available entry-level product was identified as a major obstacle impeding buyer intentions in three-quarters of markets surveyed in the report, including St. John's, Moncton, Fredericton, Halifax-Dartmouth, Ottawa, Greater Toronto Area, Hamilton-Burlington, Niagara Falls, Winnipeg, Regina, Saskatoon, Greater Vancouver, Victoria and Kelowna.

RE/MAX Affordability Report 2008

"First-time purchasers continue to play a pivotal role at both a local and national level," says Elton Ash, Regional Executive Vice President, RE/MAX of Western Canada. "The impact they have on the housing market is significant, as they are the impetus for sales in the mid-to-upper price ranges. As long as this segment of the market remains healthy, the real estate outlook will continue to be favourable."

Although average price is the barometer for housing values in most major centres, first-time buyers looking to achieve homeownership consider starting prices a more meaningful gauge of affordability. Starting prices can be substantially lower than the market average. For example, average price now approaches $400,000 in the Greater Toronto Area, while the starting price for a detached home can be as low as $300,000 in areas east and west of the city.

The best value for the dollar continues to be found in the suburbs. For those unwilling to sacrifice on location, small condominium units in new developments and condominium conversions of rental buildings offer up the next best alternative. Condominium conversions in some of the country's major centres can be picked up as low as $150,000 to $175,000.

Read more about:

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• or Search the MLS and more at my website

Thank you for reading my blog and if there is anything else I can help you with please don't hesitate to contact me,

Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.

Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
›mark@mississauga4sale.com
8 Website : Mississauga4Sale.com

• Thinking of selling in the next 3 to 6 months? Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
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RBC reports that Housing recession to continue in 2008; market to stabilize in 2009

RBC reports that Housing recession to continue in 2008; market to stabilize in 2009

The U.S. housing market is showing little sign of recovery. The stock of homes available for sale stands very close to record-high levels and, as a result, new residential construction continues to contract. In February, the level of housing starts was 54% below the recent peak level and the pace of new and existing home sales was the slowest since the mid-1990s.

The inventory overhang and slow sales pace point to construction activity contracting at a double-digit annualized pace for at least the first half of 2008.

We estimate that the decline in residential construction spending will trim slightly under one percentage point from the 2008 growth rate. Weakening demand will continue to push prices lower, pointing to a mild deterioration in housing-related net worth in the quarter.

Read more about:

• Interest Rates
• Power of Sale Properties
• Price Trends
• or Search the MLS and more at my website

Thank you for reading my blog and if there is anything else I can help you with please don't hesitate to contact me,

Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.

Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
›mark@mississauga4sale.com
8 Website : Mississauga4Sale.com

• Thinking of selling in the next 3 to 6 months? Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
• On-Line Real Estate Newsletter sign up
• See seasonal housing patterns